- – beds
- – baths
- – sqft
- 10,202 sqft lot
- 1966 build
- – on site
This charming 4-plex property is fully occupied and is a great chance for investors and/or homeowner occupants to generate income. With a great mix of two-bedroom and one-bedroom units, this property appeals to a variety of prospective tenants, translating to stable income for the investor. The 4-plex comes with a two-car garage and two storage sheds, features that are unique for most 4-plex properties. The garage and storage sheds could generate additional income for the savvy investor, once the current leases expire. The property's unit-layout is highly functional for tenant living spaces. The 4-plex and garage have new paint as of January, 2025 and the property's front elevation has had recent landscaping upgrades as of fall, 2024. Conveniently located, the property is within walking distance to shopping for tenants. Old Colorado City is also nearby for enjoyment of leisurely shopping and quaint eateries. The property is within 4 minutes or 1.8 miles from Colorado College. It is also within a short driving distance to Ft. Carson, Pikes Peak State College, Downtown and Colorado Technical University. The property will need a new roof, which is reflected in the current pricing of the building. There is a history of repairs in 2016, in 2021, and in 2024 to address foundation and drainage concerns. Drainage improvements and two sump pumps have been added previously. Documentation of the repairs in Seller's possession are provided upon request.
Last checked:
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Last updated Jul 9, 2025
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MLS# 4961326 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1966
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Roof:Composite Shingle
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Foundation Details:Full Basement
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Siding:Wood
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Structure:Framed on Lot, Frame
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Unit Total SQFT:3,110 Sqft
Financial & Terms
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Terms:Cash, Conventional
Location
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Latitude:38.847538
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Longitude:-104.847422
The Property
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Property Type:Income
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Property Subtype:Fourplex
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Construction Status:Existing
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Lot Size:10200
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Lot Size Area:10200.00
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Lot Size Units:SqFt
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Acres Total:0.2342
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Fence:Rear
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Alley:None
Listing Agent
- Contact info:
- Agent phone:
- (719) 510-4632
- Office phone:
- (719) 510-4632
Taxes
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Tax Year:2024
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Tax Amount:$2,150.22
Beds
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Total Bedrooms:6
Baths
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Total Baths:4
Heating & Cooling
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Heating:Forced Air, Natural Gas
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Telephone
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Water:Municipal
Appliances
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Appliances:Range, Refrigerator
Schools
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School District:Colorado Springs 11
Parking
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Parking Spaces Number Of:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/9/25
Jul 9, 2025
|
Listed / Active | PPMLS | $599,000 | |
5/28/25
May 28, 2025
|
Price Changed | PPMLS | ||
2/10/25
Feb 10, 2025
|
Listed / Active | PPMLS |